EMI vor der Pleite gerettet
Montag, 17. Mai 2010Eigentümer Terra Firma will ausreichend Kapital beschafft haben, um das Darlehen der Citigroup termingerecht zu zahlen.
Eigentümer Terra Firma will ausreichend Kapital beschafft haben, um das Darlehen der Citigroup termingerecht zu zahlen.
Major record label EMI is planning “radical cost cuts, including a further reduction in its 3,500-strong workforce,” in a bid to make the company more attractive to investors, the Telegraph reported. Terra Firma, the private equity firm that acquired EMI for $4.7 billion before the recession hit, is seeking an additional more than $160 million from investors, in order to meet loan repayment deadlines and prevent a possible takeover by lender Citigroup.